While average rents at metropolis level grew by 5.8% YOY, South and North Bengaluru noticed the best rental progress of 6-7% YOY in premium residential developments, a report by Savills India has mentioned. New Gurugram and Dwarka Expressway had been the top performing micromarkets with an annual progress of 45% and 21% respectively in average capital values of underneath development properties. “Investors will increasingly search for residential investments in these cities which have a better upside potential in comparison with Tier I cities. Developers are prone to infuse high quality provide in such rising markets and peripheral areas of metro cities as properly,” said Yagnik. These articles, the information therein and their other contents are for data purposes solely.
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